At a Glance
- Tasks: Deliver climate risk assessments and help global corporates manage natural hazards.
- Company: WTW, an inclusive employer committed to diversity and sustainability.
- Benefits: 25 days annual leave, private healthcare, hybrid working, and volunteer opportunities.
- Other info: Dynamic consultancy environment with excellent career growth and development opportunities.
- Why this job: Join a team of experts tackling real-world climate challenges and make a difference.
- Qualifications: Strong analytical background in engineering, science, or mathematics; passion for climate risk.
The predicted salary is between 50000 - 70000 € per year.
This job is with WTW, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
A client-facing consulting role delivering catastrophe and climate risk assessments using advanced modelling and engineering expertise to help global corporates understand, quantify, and manage physical climate and natural hazard risks.
The successful candidate will join a team of industry-leading experts spanning across insurance, science and engineering, delivering unrivalled analytical risk and risk engineering services. This exciting opportunity comes with various technical challenges across diverse industries and involves projects globally.
This is a full-time role for an individual with strong analytical, numerical/statistical, scientific or civil engineering background to join the Climate Practice | Physical Risk team at WTW as an associate or lead associate for catastrophe and climate risk impact assessments. The position requires both delivering consulting projects and supporting the Natural Catastrophe and Climate Risk Management Business development.
Key objectives are therefore to assist the Climate Practice | Physical Risk team in developing the catastrophe and climate risk management business in these geographies as well as providing catastrophe and climate risk engineering type assessments or utilizing the insurance market recognized catastrophe risk models with focus on consulting projects on behalf of the WTW’s corporate client base.
- Support on a wide range of consulting projects involving the undertaking of catastrophe risk engineering assessments of operational / construction risk projects including presentation of findings to internal and external clients.
- Initially support and work towards leading catastrophe risk engineering assessments and catastrophe modelling analysis, also by utilizing the catastrophe risk model as well as help to support the Physical Risk team in consulting projects on behalf of WTW's corporate clients.
- Developing and applying innovative approaches for identifying and assessing natural hazard and climate risks for regions where no standardized risk assessment tools, vulnerability functions or catastrophe models exist.
- The role would also include helping to prepare and present output data from the models to support actuarial analyses and wider Risk & Analytics consulting projects.
- Day to day tasks can also include cat risk engineering type assessments, data quality assessment of raw data to be fed into catastrophe models, reviews of exposures to Natural Hazards as well as preparation of modelling input files, running of market recognized models and the review, interpretation and validation of the output in light of underlying modelling assumptions and their limitations in respect to retail projects.
Qualifications
What You’ll Bring:
- Strong analytical, engineering-, construction, science- and/or mathematical-based background with interest in the area of natural hazard and climate risk (including earthquake, wind, tsunami and flood).
- Good understanding of the catastrophe and climate risk consulting arena as well as good business development / presentation skills.
- Able to communicate scientific, statistical, mathematical, and financial concepts to non-technical audiences.
- Highly motivated and collaborative professional, thriving in dynamic consultancy environments, adept at working on multiple projects with short turnaround times.
- Where possible, experience in using third party catastrophe models such as RMS, Verisk, RQE, JBA, Fathom, KatRisk or at least a good level of understanding of probabilistic and catastrophe modelling concepts.
- Insurance market experience and understanding of policy structures for catastrophe risks would be an advantage as well as solid analytical skills, including the ability to find ways to use available data sources to answer questions and solve problems.
- Knowledge of databases (SQL, MS Access), programming languages (VBA, R, Python), and GIS software (QGIS, GRASS, Arc GIS) is an advantage.
- Flood modelling experience utilizing software such as TUFLOW, HEC - RAS, MIKE etc. would be an advantage.
Skills Summary
- Technical Expertise: Catastrophe and climate risk assessment, Probabilistic and catastrophe modelling, Risk engineering, Data analysis and interpretation.
- Software Proficiency: Catastrophe models (e.g., RMS, Verisk, RQE), Database management (e.g., SQL, MS Access), Programming (e.g., VBA, R, Python), GIS software (e.g., QGIS, GRASS, ArcGIS).
- Business Skills: Leadership and team management, Business development, Project management, Client relationship management, Presentation skills, Technical writing, Ability to explain complex concepts to non-technical audiences.
- Industry Knowledge: Natural hazards and climate risks, Insurance market and policy structures, Corporate risk management.
- Personal Attributes: Analytical thinking, Problem-solving, Motivation and initiative, Teamwork and collaboration.
What We Offer
Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company. We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.
Equal Opportunity Employer
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@wtwco.com.
Natural Catastrophe and Climate Risk Consultant employer: myGwork - LGBTQ+ Business Community
WTW is an exceptional employer that prioritises inclusivity and employee wellbeing, offering a comprehensive benefits package that includes 25 days of annual leave, private healthcare, and a defined contribution pension scheme. The collaborative work culture fosters professional growth through hybrid working options and opportunities to engage in meaningful community service, making it an ideal environment for those passionate about tackling climate risks and natural hazards.
Contact Detail:
myGwork - LGBTQ+ Business Community Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Natural Catastrophe and Climate Risk Consultant
✨Tip Number 1
Network like a pro! Reach out to professionals in the climate risk and insurance sectors on LinkedIn. Join relevant groups, attend webinars, and don’t be shy about asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills. Make sure you can confidently discuss catastrophe modelling and risk assessment techniques. We recommend practising common interview questions related to your field so you can showcase your expertise and passion.
✨Tip Number 3
Showcase your projects! If you've worked on any relevant assessments or modelling projects, be ready to talk about them. We love seeing real-world applications of your skills, so prepare a portfolio or case studies to share during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for passionate individuals who want to make a difference in the climate risk space. Let’s get you started on this exciting journey!
We think you need these skills to ace Natural Catastrophe and Climate Risk Consultant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the job description. Highlight your analytical, engineering, and climate risk expertise to show us you're the right fit for the role.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about natural catastrophe and climate risk consulting. Share specific examples of your experience and how it aligns with our team's goals.
Showcase Your Technical Skills:Don’t forget to mention any relevant software or programming skills you have, like SQL, Python, or GIS software. We want to see how you can contribute to our projects from day one!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hassle.
How to prepare for a job interview at myGwork - LGBTQ+ Business Community
✨Know Your Stuff
Make sure you brush up on your analytical and engineering knowledge, especially around natural hazards and climate risks. Familiarise yourself with the specific catastrophe models mentioned in the job description, like RMS or Verisk, so you can confidently discuss how you've used similar tools in past projects.
✨Showcase Your Communication Skills
Since you'll need to explain complex concepts to non-technical audiences, practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated technical information in previous roles, as this will demonstrate your ability to bridge the gap between science and business.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past experiences where you had to analyse data or manage risks, and be ready to discuss your thought process and the outcomes. This will show your analytical thinking and initiative.
✨Demonstrate Team Spirit
Collaboration is key in consultancy roles. Be prepared to share examples of how you've worked effectively in teams, especially in dynamic environments. Highlight any leadership experiences or instances where you supported business development efforts, as this aligns well with the role's objectives.
